WASHINGTON, April 29, 2022 – The third annual Digital Infrastructure Investment mini-conference, presented jointly with the Broadband Communities Summit in Houston, begins on Monday at 1 p.m. ET. The program will include two stellar lineups focused on Private Financing and Public Financing. This year, for the first time, the content and sessions associated with this event will be available free of charge.
This pathbreaking annual event brings the broadband infrastructure and financial services communities together to focus on the digital infrastructure and investment asset profile, including fiber, small cells, towers and data center assets required to support a 21st Century information economy.
Broadband Breakfast’s Digital Infrastructure Investment conference unites infrastructure investment fund managers, institutional investors, private equity and venture capitalists with senior broadband leaders and brings clarity to the next business model for advanced digital infrastructure.
Confirmed panelists for the session on “Private Financing” include:
- David Barron, CEO, Next Level Networks
- Andrew Semenak, Managing Director, Pinpoint Capital Advisors
- Noah Tulsky, Partner, Sidewalk Infrastructure Partners
- Shrihari Pandit, President and CEO, Stealth Communications
Confirmed panelist for the session on “Public Financing” include:
- Tom Coverick, Managing Director, Keybanc Capital Markets
- Matt Schmit, Director, Illinois Office of Broadband
- Roger Timmerman, Executive Director, UTOPIA Fiber
- Sunne Wright McPeak, President and CEO, California Emerging Technology Fund
“Broadband Breakfast is pleased to build upon its track record hosting Digital Infrastructure Investment with another stellar line up of executives at the intersection of broadband infrastructure and finance,” said Drew Clark, Editor and Publisher of Broadband Breakfast. “This year’s event will feature two panels, one on private financing and one on public financing. These discussions take place against the backdrop of the greatest federal infrastructure investment in history.”
“While we hope to see many of our colleagues in the broadband operations and finance space in Houston, Broadband Breakfast’s hybrid mini-conference allows individuals from anywhere in the world to join in the conversation,” said Clark. This year, #DII 2022 will be available free of charge to online registrants.
See updated details about Digital Infrastructure Investment 2022. The page will be continually updated.
Digital Infrastructure Investment 2022 Sponsors:
BroadbandNow is a data aggregation company helping millions of consumers find and compare local internet options. BroadbandNow’s database of providers, the largest in the U.S., delivers the highest-value guides consisting of comprehensive plans, prices and ratings for thousands of internet service providers.
Pinpoint Capital Advisors is a boutique corporate finance advisory firm specialized in the wireless tower, fiber and data center sectors. They are a leader in advising small and middle market companies on equity and debt capital raising, mergers, acquisitions and divestitures.
SiFi Networks funds, builds and owns FiberCity™ networks for use by Internet Service Providers, 4G/5G carriers and other service providers wishing to deliver ubiquitous high-speed broadband services to business and residential properties as well as connectivity for city-wide Internet of Things applications.
Created by a group of Utah cities, the Utah Telecommunication Open Infrastructure Agency (UTOPIA Fiber) is a community-owned fiber optic network that uses the Open Access model to promote competition by giving customers the freedom to choose which telecommunication services they want.
Positron Access specializes in carrier-grade telecommunications products that increase bandwidth delivered and the distance covered within both core access networks and residential buildings using existing wiring infrastructure. These include line powered digital subscriber line amplifiers/extenders that double the customer serving areas and increase the bandwidth, G.hn Gigabit Access Mulitplexors (GAM) that provide managed non-blocking symmetrical gigabit bandwidth to subscribers in multiple-dwelling units/multi-tenant units over copper pairs or coaxial cables; and bonded copper solutions for mobile backhaul, core transport, access and edge aggregation.
The California Emerging Technology Fund (CETF) has been on a mission over the last decade to forge partnerships and foster public policy to close the Digital Divide. This work has been strategically-focused, results-oriented, and people-centered. CETF is a leading proponent of the Digital Equity Bill of Rights.
To inquire about Digital Infrastructure Investment 2022, contact firstname.lastname@example.org.
Live Online registration for Digital Infrastructure Investment 2022 is available free of charge. Alternatively, join us in person by registering for Broadband Communities Summit in Houston.
Supply Chain Transparency Legislation Important for Timely Broadband Bills
‘We want to make sure that the FCC has to…detect, problems long before they become crises.’
KEYSTONE, Colorado, May 25, 2022 – Senator John Hickenlooper, D-Col., said Wednesday at the Mountain Connect conference that legislation that would require the Federal Communications Commission to catch potential supply chain problems early is part of a larger effort to ensure America is connected to high-speed internet in a timely manner.
The Network Equipment Transparency Act, introduced by Hickenlooper in February of this year, would make the broadband supply chain problems more transparent to “ensure an on-time rollout of the broadband programs managed by the Federal Communications Commission.”
“We want to make sure that the FCC has to monitor, and that they detect, problems long before they become crises,” Hickenlooper said, emphasizing the importance of leaders having foresight for future needs.
Hickenlooper said that the bill would shine a light on the supply chain disruptions that are impacting broadband projects, as billions in funding awaits rollout from the Infrastructure, Investment and Jobs Act.
Already, supply chain issues are pushing fiber deployments back and causing concern among the industry. Such supply shortages are also causing existing fiber build supplies to increase in price.
Sen. Bennet Says Coloradans’ Complaints About Poor Broadband Drove Passage of Infrastructure Act
Expanding access to broadband has been at the top of many of Colorado’s local, state and federal legislators’ agendas.
KEYSTONE, Colorado, May 24, 2022 – The COVID-19 pandemic highlighted the need for Coloradans to get better broadband, and the reactions that people felt as a result of their poor experiences with broadband motivated Sen. Michael Bennet, D-Colo., to craft legislation that ultimately led the passage of the bipartisan infrastructure legislation.
Speaking at the Mountain Connect conference here, Bennet traced the history of how grass-roots reactions to the problems of poor broadband translated into legislation.
”Wherever I went in the state, whether it was rural, suburban, or urban, broadband kept coming up again and again,” Bennet recounted. “People constantly told me that broadband was too slow or too expensive to be of much use to their family, their farm, or their small business.”
A few months into the pandemic, he introduced the Broadband Reform and Investment to Drive Growth in the Economy (BRIDGE) Act, a piece of legislation that would have allocated $40 billion in federal funds to states, Tribal Governments, and U.S. Territories.
Although the BRIDGE Act did not pass the 117th Congress, the language of the bill had a major influence on federal broadband policy that followed it, including the Infrastructure Investment and Jobs Act, which passed the Senate in August and the House in November. The measure was signed by President Biden on November 15, 2021. It led to the National Telecommunications and Information Administration’s Broadband, Equity, Access and Deployment Program, the details of which were released on May 13.
BRIDGE Act a precursor to IIJA
The BRIDGE Act served as a precursor to the BEAD program in two regards. First, it put states in the driver’s seat to disperse federal funds in the place of federal agencies, under the theory that states have the best understanding of their surrounding communities’ needs.
Second, the BRIDGE measure significantly raised broadband speed standards, more than quadrupling the FCC’s long-held 25 Megabits per second (Mbps) download and 3 Mbps upload standard by requiring that projects funded under the Act deliver no less than 100 Mbps symmetrical broadband connections.
IIJA upped the dollars spent on broadband by the federal government, but it dropped the speed requirements to 100 Mbps down and 25 Mbps up.
Other Colorado-focused broadband measures
Colorado state legislators are also active in other broadband measures, as outlined by Brandy Reitter, the executive director of the Colorado Broadband Office, and others speaking at the conference.
Earlier this year, Gov. Jared Polis issued a state executive order directing the Colorado Broadband Office to develop a strategic plan to connect 99% of Colorado households to high-speed Internet access by 2027.
Colorado’s most recent legislative session saw increased activity in the broadband space, with much of the legislation passed aimed at expanding broadband initiatives across the state in order to achieve the governor’s goals.
One key piece of legislation was House Bill 21-1289, which invested $75 million dollars of the state’s American Rescue Plan funds toward digital inclusion programs. Of that allocation, $35 million dollars went toward digital inclusion projects, including $20 million allocated to the Southern Ute Mountain Tribes; $15 million was invested in telehealth and telemedicine; and $35 million was allocated to a broadband stimulus grant program, to which ISPs and other providers can apply to access funding.
The final $5 million of the funding was allocated to the Colorado Department of Local Affairs for the Digital Connectivity Program, which communities interested in building middle-mile broadband can access.
Senate Bill 21-60 allocated an additional $5 million to digital inclusion grant programs, managed by the Office of eHealth Innovation, and specifically set aside funding to offer discounts of up to 50% to Coloradans with telemedicine bills.
House Bill 22-83 set the framework for the Colorado Department of Transportation to put systems in place for permitting and use of rights-of-way.
Finally, House Bill 22-1306 shortened the time frame the Colorado Broadband Office reviews grants in from a 60-day timeframe to a 45-day time frame. This bill helps mitigate supply chain issues, as the price of supplies can often escalate by 10 to 20% within an additional 15 days.
Reitter said that these measures help state of Colorado to participate actively in every federal funding program possible,.
The state plans to take advantage of the NTIA’s Broadband, Equity, Access and Deployment Program, and hopes to receive up to $700 million in funding from the program, based on data from the Colorado Broadband Office.
“We think this is a real opportunity to keep continuing the investment in broadband,” Reiter said of the BEAD program.
Broadband Notice of Funding Availability Seeks to Balance Requirements with Flexibility
Alan Davidson says NOFO requires that grant recipients offer both low-cost service options and middle-class affordability plans.
KEYSTONE, Colorado, May 24, 2022 – The National Telecommunications and Information Administration is attempting to balance stakeholder demands to ensure new entrants to the broadband marketplace, while making certain the agency is a good shepherd of the federal funds, the administrator of the U.S. Department of Commerce agency said here Tuesday.
Alan Davidson, the assistant secretary of Commerce responsible for the agency that is spending the lion’s share of federal broadband money, said that NTIA will consider affordability to be an important consideration in making awards.
In a discussion with Broadband Breakfast editor and publisher Drew Clark, the pair reviewed the NTIA’s guidelines governing three new broadband grant programs that will see more than $45 billion in federal funding dispersed over the next few years.
Three Notices of Funding Opportunity were released on May 13, 2022. The largest one is for the Broadband Equity, Access, and Deployment program, a $42.5-billion-dollar program aimed at expanding last-mile, high-speed Internet access across the United States.
Davidson referred to the released NOFO as the “starting gun” signaling for states to begin the sprint toward making funding and infrastructure deployment plans to connect local unserved and underserved communities to futureproof Internet connections.
Less than a week since the release of the notices, 25 states and territories have already submitted Letters of Intent to participate in the program, with 35 states and territories stating they intend to submit an initial proposal to access a share of the federal funding by the July 18, 2022, deadline.
Process for states to apply
The NOFO requires that grant recipients offer both low-cost service options and middle-class affordability plans over the resulting infrastructure. The NOFO offers states examples of different affordability plans to model, while also giving states the flexibility to define what can be deemed “affordable” within their borders.
Further, BEAD requires robust stakeholder engagement, and gives preference to grant applicants pursuing public-private partnerships, as well as those which demonstrate they have coordinated with local and Tribal Governments, and community-based organizations, in the creation of their applications.
In an effort to bolster economic development and the creation of new jobs within the United States, the NOFO includes a “Buy America” statute, which requires grant recipients purchase 55% of all network components being used from American manufacturers. During the keynote, Davidson reiterated that the NTIA will prioritize the deployment of fiber infrastructure over other technologies, including cable, DSL, and satellite.
Davidson explained that increased state and federal oversight should be expected to ensure federal broadband funds go to the localities where they are most needed. Oversight requirements are largely spelled out in the statute, but grant recipients can expect more post-award reporting requirements than have been necessitated by previous federal programs.
Davidson’s presentation raised some questions surrounding well-known industry supply chain issues, the shortage of fiber technicians nationally, and the issue of BEAD grant dollars being considered taxable income. Davidson replied to the raised concerns stating that the NTIA is eager to hear about stakeholder’s pain points, and that he predicts there will be an ongoing process of working with states on these issues.
- Broadband Breakfast on June 1, 2022 — Broadband Mapping and Data
- Supply Chain Transparency Legislation Important for Timely Broadband Bills
- Education Executives Tout Artificial Intelligence Benefits for Classroom Learning
- Digital Equity Foundation Guide, UScellular Selects Ericsson for 5G, Brightspeed Targets
- Sen. Bennet Says Coloradans’ Complaints About Poor Broadband Drove Passage of Infrastructure Act
- Broadband Notice of Funding Availability Seeks to Balance Requirements with Flexibility
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